Financial Analyst III

Overview

This position supports a mix of strategic initiatives, executive and board reporting, and accounting-focused analysis. Responsibilities include tracking the financial impact of organization-wide improvement efforts, building clear materials for senior leadership, and reviewing variances, reconciliations, and contracts to ensure the numbers hold up.

The role involves highly specialized and complex financial analysis, budget analysis, and related fiscal functions for a large and diverse hospital service line/department, or coordinating a major budget/financial analysis program in the Hospital Finance Department.

Responsibilities

• Advise managers on financial planning, analysis, and system development; support managers by modeling financial impacts
• Assist with the development, implementation, and management of financial systems, cost accounting systems, and/or financial policies and procedures
• Collaborate with auditors and accountants to develop and maintain internal controls for compliance with state and internal audit standards
• Provide information to internal/external auditors and management as requested
• Coordinate and participate in preparing financial reports, business plans, and analyses for management
• Develop budget or fiscal reporting formats
• Develop and revise methodologies for forecasting cost and revenues
• Develop and maintain an electronic system to track deviations between budgeted forecast and actual levels
• Develop or coordinate preparation of budgets, program narratives, and finance plans; analyze financial projections and assist managers in developing budget proposals
• Maintain liaison with operating department managers and advise on financial results, budget variances, internal controls, and related financial matters
• Participate in the design and implementation of budget and financial system improvements
• Use computer software to model resource scenarios
• Organize and develop automated financial systems
• Plan, develop, and coordinate preparation of financial analyses and reports, including operational and capital budgets, financial statements, statistical reports, cost analyses, and other financial information for management
• Provide financial information to enable management to make informed long-term and short-term decisions
• Recommend procedures and implement corrective action for areas out of compliance with hospital policy, internal controls, and accounting policies, as assigned
• Review and/or prepare federal, state, and other regulatory reports to ensure compliance with established guidelines, as assigned
• Perform leadership in the fiscal planning process and recommend process improvements

Qualifications

Minimum Qualifications

• Education: Bachelor’s degree in a work-related field/discipline from an accredited college or university
• Experience: Six (6) years of progressively responsible and directly related work experience

Knowledge and Skills

• Ability to analyze and develop solutions to complex problems
• Ability to analyze information, reach valid conclusions, and make sound recommendations
• Ability to apply judgment and informed decisions; independently apply judgment in complex financial problem-solving
• Ability to communicate complex concepts in simple terms to non-finance users, including appropriate use and limits of information
• Ability to communicate effectively in written and verbal formats, including summarizing data and presenting results
• Ability to establish and maintain effective working relationships
• Ability to evaluate business operations and determine impact to budget and funding expenditures
• Ability to manage, organize, prioritize, multi-task, and adapt to changing priorities
• Ability to model financial information and forecast data to arrive at conclusions
• Ability to work effectively as both a team player and leader
• Knowledge of computer systems and software used in the functional area
• Knowledge of financial forecasting techniques
• Knowledge of local, state, and federal regulatory requirements related to the functional area
• Knowledge of budgeting and finance principles and practices, including analysis and reporting of financial data

Physical Requirements

Physical requirements and working conditions are available from the Occupational Health Department. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions.

Compensation & Benefits

• Pay Range (Hourly): $54.21 to $70.47
• Compensation is based on the level and requirements of the role, and may be determined by education, experience, knowledge, skills, location, and abilities, as required by the role, as well as internal equity and alignment with market data.
• Typically, new team members join at the minimum to mid salary range.

Location

Compensation information is provided for this role; specific work location details are not included in the posting.

Equal Opportunity Statement

The employer is committed to equal opportunity and non-discrimination in all policies and practices related to employment. People of all genders, members of all racial and ethnic groups, people with disabilities, and veterans are encouraged to apply. Qualified applicants with criminal convictions will be considered after an individualized assessment of the conviction and the job requirements, where applicable and in compliance with the San Francisco Fair Chance Ordinance.